Dearborn Partners LLC lifted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 5.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,029 shares of the company’s stock after buying an additional 1,850 shares during the period. Dearborn Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,435,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. Signature Resources Capital Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 1,200.0% in the first quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock valued at $30,000 after purchasing an additional 420 shares during the last quarter. Clarity Asset Management Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $38,000. Missouri Trust & Investment Co purchased a new position in SPDR Portfolio S&P 500 ETF in the first quarter valued at about $46,000. Burkett Financial Services LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the first quarter valued at about $47,000. Finally, Payden & Rygel purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $48,000.
SPDR Portfolio S&P 500 ETF Stock Down 0.3%
Shares of NYSEARCA SPLG opened at $74.74 on Wednesday. The stock’s 50 day moving average price is $71.72 and its two-hundred day moving average price is $68.87. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $75.13. The stock has a market capitalization of $78.15 billion, a P/E ratio of 25.61 and a beta of 1.00.
SPDR Portfolio S&P 500 ETF Profile
SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.
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